Funds Held in Trust. To the extent that Borrower receives any payment which is to be paid to Lender, such payment is to be held in trust for Lender and shall be segregated from Borrower’s other funds and shall be immediately paid to Lender in the form as received (with any necessary endorsements).
Appears in 3 contracts
Samples: Security Agreement, Security Agreement (Greenhill & Co Inc), Security Agreement (Greenhill & Co Inc)
Funds Held in Trust. To the extent that Borrower receives any payment which is to be paid to Lender, such payment is to be held in trust for Lender and shall be segregated from Borrower’s 's other funds and shall be immediately paid to Lender in the form as received (with any necessary endorsements).
Appears in 3 contracts
Samples: Security Agreement (Greenhill & Co Inc), Security Agreement (Greenhill & Co Inc), Security Agreement (Greenhill & Co Inc)
